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4. RSA Company experienced an accounting event that affected its financial statements as indicated below: Assets = Liab + Equity Rev - Exp = Net
4. RSA Company experienced an accounting event that affected its financial statements as indicated below: Assets = Liab + Equity Rev - Exp = Net Cash + NA + + NA Inc Flow + +OA Which of the following accounting events could have caused these effects on RSA's statements? A) Paid a cash dividend. B) Earned cash revenue. C) Borrowed money from a bank. D) None of these.
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